hello all, I just signed up for some track days and I looked at 1 day insurance for my f12. I was surprised it was 1400 just for one day. That is more than I expected. Where can I find better track day insurance and what do you guys do for track days. Last since it is front mid engine, how should you drive the f12 vs a mid engine? Thank you in advance for Any advice and alternatives.
that sounds about right. i got quoted about $1k for my 2012 458 so i am sure your car is worth more. my guy lets me take a lesser amount with a larger deductible. so i hedge my bets that way. Here is his contact information - PayneWest Insurance Garrett Hall Sales Executive, Personal Insurance [email protected] P (971) 888-7411 | M (541) 324-0568
Most auto policies cover you on track as a driver training exercise. If you aren't racing. you should qualify under driver education. Of course, check with your agent to be sure.
I had (most) of a 458 in my garage last spring. Owner went off at T10 VIR and sent the driver front axle 13mm backwards. Frame uprights were shattered. Car was effectively totaled within 45 seconds of leaving the paddock. Auto insurance does not necessarily cover, I would want it in writing if it is ‘covered’. As it was, the 458 in question sold at Copart for 125k, far more of a loss than the 1400 for the day. I’ve instructed with FCA for many years and only once have I seen a standard motor car policy cover damages. It was at a National meet and the driver had a Canadian policy. It did in fact cover it but was due to a collision caused by another student and not the driver error. My testimony backed that (I was in the right seat and grateful that it wasn’t a harder hit). I can think of three other supercars off tracks that have no coverage. I have a track dedicated car so I don’t worry about those fees. I’ve been instructing for many years and things happen. I’d highly recommend the policy. Sent from my iPhone using FerrariChat.com mobile app
Thank you guys for all the resources. Your experience with seeing supercars crash seem to be a real reality check and Murphy’s law! This confirms the costs of racing-lol. I may go for the one year policy unlimited. But it is $10k
They used to. HPDE nowadays is an exclusion and clearly stated in their policy. Btw, when I was given a quote for track insurance, I was told it only covers my car, ie., not other's car.
HPDE - High Performance Driver Education (for those not familiar) ".... it only covers my car, ie., not other's car." - because that would imply you were racing. .
There are clauses in all the carriers policies these days that does not cover you on a race track...racing or not. They use to back in the 90’s through 2000’s but with the large surge in HPDE events and participants the insurance companies got wise back around 2012 or so.
State Farm: "any closed course designed for fast driving" was the gist of it. Being argumentative, I'll sue them if needed. The Firm isn't designed for fast driving. Daytona is designed for fast driving. I bet I would be hard pressed to get over 100 mph at The Firm.
Thank you for all the feedback. I received a quote for annual. About $10k. I would need to go to the track more than 2 a month may- sept to get my moneys worth vs the single event which is 1200 I just received. Then I started thinking if I do that and plan on changing rotors and pads and few sets of tires. Now, I am probably 30k plus to track it. My conclusion and realization is. Racing a ferrari is not cheap! Lol. Hence people buy gt3’s for track, which is starting to sound reasonable. I will do the 1 day and try it first.
Hagerty doesn't insure Ferraris. At least not in my state. Opentrack did. The deductible was 10% of the car's value. I didn't crash so can't tell you what they're like if you do .
Opentrack is solid. I know guys that have had a claim and pay out was good. On reenlist there is a ton of discussion about track insurance and what guys are using and claims filed.
Bummer. Looks like a change from OpenTrack: "Why are Ferrari's ineligible for coverage? The high volume of Ferrari claims, and corresponding cost associated with those claims, created profitability issues five years in a row." And that's why we can't have nice things.
Just noticed Ferrari McLaren Lamborghini came up as ineligible with Hagerty. Wow…times are changing for sure.
if an event is not listed you can call and they will list it for you. i insured my f12 and 458 but you have to do it at reduced value because they do not go over 200k
Have you seen what their max coverage looks like and if they will honor agreed upon value versus market value? I also wonder if anyone has had experience with claims with them.
